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In theory, the IMF could influence fiscal and monetary policy via several channels, among them advice to policy makers, conditionality, and the moral hazard it induces with the borrowers. This article tries to disentangle those effects empirically. Using panel data for 98 countries over the...
Persistent link: https://www.econbiz.de/10005141301
This paper investigates strategic forum selection approaches and compliance with interstate dispute resolution … compliance, (b) states strategically select among bilateral and third-party fora, and (c) anticipated settlement outcomes and … forum selection and compliance. Statistical analysis finds that states strategically select management approaches in two …
Persistent link: https://www.econbiz.de/10011165862
The implementation of European Union directives into national law is at the discretion of member states. We analyze incentives for member states to deviate from these directives when the European Commission may sue a defecting member state and rulings at the European Court of Justice (ECJ) are...
Persistent link: https://www.econbiz.de/10010292501
The implementation of European Union directives into national law is at the discretion of member states. We analyze incentives for member states to deviate from these directives when the European Commission may sue a defecting member state and rulings at the European Court of Justice (ECJ) are...
Persistent link: https://www.econbiz.de/10010294371
We run a large-scale natural field experiment to evaluate alternative strategies to enforce compliance with the law … mailings, leading to a substantial increase in compliance. Among different mailing conditions a legal threat that stresses a … information about others' behavior enhances compliance. However, the information condition has a positive effect in municipalities …
Persistent link: https://www.econbiz.de/10010294768
endogeneity is accounted for. There is only weak evidence that compliance with conditionality mitigates this negative effect. IMF …
Persistent link: https://www.econbiz.de/10010295964
This paper studies the effect of endogenous audit probabilities on reporting behavior in a face-to-face compliance … reporting we find an increase in compliance of about 80% if subjects have reason to believe that their behavior towards an … officer influences their endogenous audit probability. Higher compliance is driven by considerations about how own appearance …
Persistent link: https://www.econbiz.de/10011294799
by country, but also by the variations in compliance. We find that higher Kaitz indices are associated with higher levels … of non-compliance. The release of country-level earnings and employment data at regular intervals lies at the heart of a …
Persistent link: https://www.econbiz.de/10011307415